I first wrote on fully-listed holding company of life and pensions businesses, Chesnara plc (CSN) in July 2012 – concluding positively with the shares then at 169p.
While it may not be anything that eases the pain, the reminder that as far as Arian Silver is concerned that there were plenty of warnings along the way in terms of the price action over the past couple of years, may serve as a lesson for the future.
A new presentation by Regency Mines
AIM listed Gulf Keystone Petroleum (GKP) is the darling of many private investors in the UK and further afield.
On 9th may Sirius Minerals (SXX) updated investors on the planning process for its proposed mine on the North York Moors.
Oh Dear. Oh Dear. Oh Dear. It looks as if the Islamofascists in Egypt are moving a step closer to seizing Centamin’s (CEY) flagship Sukari mine, but the company (and its shareholders) are in denial.
Thanks to its widespread application in industrial, manufacturing and construction processes, copper acts as a very useful indicator of economic activity.
With its shares having tanked from 14p a few weeks ago to just over 7.41p with most of the falls following annual results on Tuesday, Quindell Portfolio (QPP) – hitherto a darling of the AIM Cesspit – has put out a statement late last night.
One of the unique aspects of Shareprophets is the depth of research which goes into every article. As part of this research it emerged that Ocado’s older counterpart Meals On Wheels is also a non profit making organisation.
Although winning awards can be the kiss of death for even the best of businesses, so far The Chief Executive Officer and founder of oil and gas engineering group Plexus Holdings being awarded Entrepreneur of the Year has not had a detrimental effect on the company.
The present situation at Gold miner Centamin reminds us of the pitfalls of attempting to call time on a downtrend, and how if you need to ask, it is probably not over.
One quarter’s results, usually gives an indication and little more about a company’s progress in a particular year; particularly a company as large, complex and international as BP (BP.). But these are not usual times by any definition, so far as BP is concerned. The accounting is complex; the headline figures dominated by a massive exceptional item.
The Legal & General (LGEN) share price is at the top of its game and the top of its trend pathway. It has risen 55% over a year in which the FTSE100 rose by only 16%. That gives scope for the share price to fall back again on profit taking.
Kryso Resources (KYS), the Tajikistan-focused gold development and exploration company, has announced proposals to establish a new holding company incorporated in the Cayman Islands (with each existing share in the company being replaced by one in the new company) and that “it is anticipated that the company will, in due course, seek to de-list from AIM and list on the Stock Exchange of Hong Kong.
While many Bulletin Board favourities have the reliability of a cheap deodorant, Leyshon Resources seems to be the exception that proves the rule.
While it may be argued successfully that the daily share price chart of Solo Oil is not one which at first glance may rev people up to pile in on the long side, it may be the case that the Tanzania focused resources group is enough of a slow burn technical contender to offer adventurous traders a punt which could double over the next 3-4 months.
AIM, Canada and Peru-listed Latin America focused gold miner Minera IRL (MIRL) has announced exploration results from three gold vein systems in Patagonia, Argentina.
Having done a “Michael Fish” over there likely to be no meltdown at Quindell Portfolio earlier today (feel free to Google him), there will be no prisoners taken as far as the downside is concerned at struggling stocks. Example 1 is Magnolia Petroleum.
Investors in Gulf Keystone (GKP) are on tenterhooks right now awaiting the outcome of a court case bought about by a small outfit named Excalibur which is claiming that Gulf owes it a chunk of its assets.
The June edition of the UK Investor Show Magazine is live featuring three resource shares to buy, two more share tips, a voting guide for investors, and where to emigrate if the wrong party wins a special offer expiring on June 14 and much more.
Queenie smears journalists and spins for all the worst companies on the casino from fraudsters Eden to Advanced Oncotherapy to Norfolk's finest Fusionex. He truly is a posterboy for AIM and thus a fitting sponsor for this week's contest. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; the Bulletin Board Morons who dwell on the cesspits that are LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 2 July.
Slater & Gordon (SGH) spunked £649 million on buying the worthless, fraudulent assets of Quindell (QPP) in 2015, a deal that has seen its shareholders suffer a 99% wipeout. It has now filed a UK High Court claim against Watchstone (WTG), Quenron as was for £637 million and we have obtained the papers and, in a major scoop, publish the Claim in full below.
I tipped shares in Saffron Energy (SRON) but urged folks to take profits some months ago. The shares were then 8p+ having listed at 5p. In recent weeks the shares have slithered back towards that 5p and I have been urged by folks to re-tip. I resisted that urge. Something was wrong. Now we all know what some folks have clearly known for a while, what the problem is.
It has taken more than two decades and exposed the Greek planning system for the total joke that it is but Minoan (MIN) now has the all clear to go ahead and develop the spectacular Cave Sidero site in North East Crete.
You may know Tom Winnifrith as the man who exposes fraud on AIM and gets a stack of death threats and lawyers letters for his troubles. Just on Tuesday he has published a massive exclusive on Quindell, the biggest London stockmarket fraud for 30 years, and a con the regulators thanked him for exposing. That breaking news is HERE.
It is good to see a CEO putting his money where his mouth is and the share purchase by Erik Henau should also scotch the silly rumours that a placing is imminent. The Concepta (CPT) head honcho has purchased 80,000 shares at 12.175p. He now owns 293,333 shares so in that context this is a decent purchase. We'd hope to see more boardroom buying soon but expect also to see more hard news on order flow very soon.
I guess if you write for a website that makes the Official Jimmy Saville Fan Club website seem well read and popular, it forces one to also post on Bulletin Boards in order that your words of wisdom/attempts to ramp your flagging portfolio reach an audience of more than three men and a dog. Speaking of dogs - Watchstone (WTG) is stock which bear raider turned Bulletin Board Moron Evil Knievil has long argued is worth 500p. The shares are now 140p ( and falling) after yesterday's massive revelations from me HERE.
I bet the BBC News picks up on it and runs with it too. But its sister publication is quick out of the blocks...The Guardian today runs with a raft of misleading headlines and other fake news as is its wont but the one on Brexit driving EU workers abroad wins the prize. The left wing rag with plunging sales and spiralling losses states: "Almost half of highly skilled EU workers 'could leave UK within five years". The sub head is "Deloitte study finds 47% were considering leaving after Brexit, while overall one-third of non-British workers could leave". Right, okay but hang on what did the survey actually say and was it big enough to be statistically valid?
AIM-listed Advanced Oncotherapy (AVO) has released its full Annual Report. Having looked yesterday at a few things I thought it would be worth a second look – especially in the light of a clean audit report from RPG Crouch Chapman. Mea culpa to myself and Tom who expected something different, but hang on a minute…
Another day and another director walks, a new strategy is adopted and yet more confetti is issued by AIM casino uber dog Mayan Energy (MYN), formally the hound known as Northcote Energy. But this latest move just makes no sense at all. Let me explain with a little bit of help from a friend....
I warned you in explicit terms yesterday that the doubling of the Strat Aero (AERO) share price to 0.14p on the back of results which can best be described as a shit sandwich with dollops of jam tomorrow on top, was not justified. The shares have now slumped back to 0.09p-0.11p (TW 7, BBMs 0 once again) but do not BUY now for there are still deluded fools abroad.
Metal Tiger (MTR) has updated on exploration at the Logrosan Minerals joint venture in Spain – helping the shares currently slightly higher to 2.03p mid.
A year ago Ronald Stoeferle stated that we were at the very beginning of a bull market in gold, He was wrong. He says that was stopped by Donald Trump. Gold and commodities are dirt cheap when compared to stocks. Equities, bonds, and real estate are at or near their all time highs. He thinks the dollar is close to rolling over.
In a sense this is not that relevant as Advanced Oncotherapy (AVO) is within a couple of months of running out of cash and going tits up but on a point of principle I have written to the my very good friends at the Financial Reporting Council as there are aspects of Advanced's 2016 annual report and accounts which stink more than a pile of rotting kippers left out at a sewage farm in the scorching midday heat. The letter follows:
A few weeks ago I penned a piece on Blenheim Natural Resources (BNR) in which I was highly skeptical of the recent holdings RNSs from a certain Pershing Nominees/Valbury Capital.
Worthless AIM listed piece of excrement Servision (SEV) always seems to report its results at the last possible moment to avoid suspension on the casino. In 2016 calendar 2015 numbers (piss poor) arrived on the 30 June deadline day. For 2016 its a slam dunk bet that the numbers (piss poor) will arrive this Friday on deadline day. Why is that?
Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.
Get the first ShareProphets Pocket Guide ebook, EIS - Buying shares with numerous tax breaks. Want to cut your income tax bill, get loss relief if your AIM listed shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explains how.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a short guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
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